How do I get my Dad off my back?

Dan:_4

You feel it has some way to go because you have deceided you WON'T buy at the current prices. In reality, you don't want to commit financial suicide and live and long and lonely life paying off an expensive mortgage on an overpriced piece of tat.

:rotfl:At least my mortgage will be paid off by the time I retire. Whereas you will still be struggling to make your rental payments.

the_ash_and_the_oak

Dan: wrote: »

You feel it has some way to go because you have deceided you WON'T buy at the current prices. In reality, you don't want to commit financial suicide and live and long and lonely life paying off an expensive mortgage on an overpriced piece of tat.

:rotfl:At least my mortgage will be paid off by the time I retire. Whereas you will still be struggling to make your rental payments.

not really feeling this tbh. a variety of different ways to invest savings around now imo

JayScottGreenspan

the_ash_and_the_oak wrote: »

not really feeling this tbh.

Are you looking forward to season 2 of The Wire (from next monday on the Beeb)?

Dan:_4

the_ash_and_the_oak wrote: »

not really feeling this tbh. a variety of different ways to invest savings around now imo

At least you can live and raise a family in a house.

the_ash_and_the_oak

Dan: wrote: »

At least you can live and raise a family in a house.

agree w this - most people I know live in one tbf

FooFighter_2

Here is my hint for the housing market. House prices are a lagging indicator, not a leading indicator on the health of the Economy. Whilst people are still losing jobs and going bust and the high street is nose diving there will be NO RECOVERY in house prices. Wait for at least 3 quarters of CONTINUOUS GROWTH in the economy and for unemployment to fall over the same period before you consider buying in.

Some people on this forum don't quite understand how close to bankruptcy this country is, buy a house before it's too late? It's already too late! Predictions of a recovery to 2007 prices is ludicrous - do you HONESTLY think banks are about to start selling mortgage debt to each other again as some kind of AAA rated investment ? Wakey Wakey!

ukcarper

When I bought my first house it was very difficult to get a mortgage of more than 3.5x salary that didn’t mean average house prices were 3.5x salary far from it in fact

scousethife

anniehanlon wrote: »

you need to accept your dad is thick as pig shlt!

There was really no need for that. How dare you insult someone you dont know who is really only trying to help his family out. I really think you should edit your post and delete this part of it. Not helpful and not moneysaving which is the point of these boards.

You are too,

Anyone encouraging someone to buy a house today rather than save and wait (in the middle of the biggest crash ever) is nothing but TAPS.

I dont know gordon Brown but I know hes TAPS too
heres some other people I dont know

http://www.youtube.com/watch?v=ANLgQG-VKyc&feature=related

thats you that is

jago25_98

Could say something like,

Dad. I realise you want me to invest in the future. I appreciate that. I appreciate that you care for me. I know you want me to invest the money you've given me and by buying a house you would feel that is where the money would go.

Please believe in me to safeguard this money. I value this money so much and that's why I'm being careful with what I do with it. I have been reading and researching and this predicts the drop to continue. I don't want negative equity because I care about this money.

System

FooFighter wrote: »

Predictions of a recovery to 2007 prices is ludicrous - do you HONESTLY think banks are about to start selling mortgage debt to each other again as some kind of AAA rated investment ? Wakey Wakey!

I don't think I've ever seen anyone make that prediction here, unless we're talking many years.